When you invest in rental property it may feel both exciting and daunting all at once. The best way to start your rental property journey with your best foot forward is to utilize organizational tools that can help established good communication and time management habits. Often, owners of Sarasota rental properties report that the hardest part of learning to run a successful property is staying organized so they can sit back and relax. However, when you partner with Real Property Management Sarasota & Manatee you are given the tools to both be organized properly, and let us take the burden of daily management so you can reap the benefits of investing in real estate.
Communication
Owners can feel out of touch with their tenants and property management company if they do not have established methods of communication. Good communication is key in understanding what can be done to make your property a success, it also helps you to understand what you can do more/ less of for your tenants. Luckily, this issue is easily resolved when you choose a primary mode of communication and let your property management team and tenants know. You may consider using:
- Text messaging
- Phone Calls
- Messaging Apps
Choosing a primary form of communication can give you the confidence that you are well informed on your property and its success, and have the ability to reach out to make changes if you desire. It is important to establish this at the beginning of your investment property journey so that it can help you form good habits, and stay organized over the course of your journey.
Establishing a primary communication method also helps you avoid missing important phone calls, or emails, only to have this lead to a frustrating situation for you or your tenants. Avoid the mess that bad communication brings and stay ahead of the game with these tips.
Time management
One of the most important aspects of staying organized is time management. Management tasks and repair needs can quickly pile up, so utilizing your property management team to stay on top of these is the number one way to keep your residents happy and not let issues fall through the cracks.
While you may not be physically fixing the leaky sink or handling tenant screenings, it is up to you to make sure all systems are in place to do so and follow up with your tenants to ensure they were satisfied with the service. Start each morning with customer service on your mind, consider what is a priority for your residents, or what your property management team needs from you to serve your tenants and arrange your schedule as such. You can still accomplish all your daily goals by utilizing proper time management strategies, making tenants happy and letting you sit back and relax.
Utilize Technology
We are surrounded by technology, and with that, there is an app, or organizational software, for everything. One of the best ways to stay organized is having all of your notes, dates, passwords, and reminders in the same area.
This could be your Gmail or Outlook calendar, or even a scheduling app of your choice for smartphones and tablets. Take the time to find a medium that you really like so that you can start centralizing your to-do lists. Some of the top free apps and software for organization include:
- DayforceHCM
- Google Calendar
- Wunderlist
- Harvest
- PocketLifeCalendar
- Planner Pro
- And more!
You will most likely not need a software that tracks your every moment, but it is helpful to utilize tools that let you add meetings and reminders, make notes, and store important info. Navigate your Sarasota property to success and work with Real Property Management Sarasota & Manatee. Start taking advantage of the free organizational tools at your fingertips and see the success that this brings.
If you want to learn more ways to stay organized, or would like more information about our property management services then contact us today.
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